This document discusses estimates and estimating in software development. It provides definitions of estimates and perspectives from different sources that estimates are just guesses and the actual effort often differs. Estimates also take time away from development. Alternative approaches like #noestimates are proposed that focus on business value delivery over estimates. With #noestimates, data on past deliveries is used instead of estimates to help plan and establish capacity. The biggest value of #noestimates is focusing on business value delivery with less time wasted on guessing estimates.